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Property Makler
Advanced analytics for residential real estate investing
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Dubai
US
Market Research
Hobbs, NM housing market
Housing market indicators
| Indicator |
2022 | 2023 | 2024 | 2025* |
Change | 2022 | 2023 | 2024 | YTD |
|---|
| Median Listing Price per Square Feet |
$121 |
$125 |
$138 |
$151 | |
5.2% |
3.3% |
10.4% |
9.4% |
| Active Listing Count |
118 |
77 |
76 |
56 | |
-11.9% |
-34.7% |
-1.3% |
-26.3% |
| Median Days on Market |
71 |
73 |
66 |
47 | |
0% |
2.8% |
-9.6% |
-28.8% |
| Share of listings with price increase |
0.4% |
0% |
0% |
0.3% | |
| Share of listings with price decrease |
10.6% |
10.9% |
9.9% |
8.1% | |
* last available value
Home prices
Short term housing supply drivers
Long term housing demand drivers
Long term housing supply drivers
Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED
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